Blockchain Research｜Introduction to MEXC Matcha Exchange

Stepping into the world of cryptocurrencies, there are two things that are inseparable, one is a wallet and the other is an exchange.

But as you dig deeper, you'll find that there's more to learn, but it's a different kind of fun.

In the beginning, I used the Huobi exchange for currency conversion, from cryptocurrency to fiat currency (Taiwan dollar). After a few transfers in and out, I also began to teach the people around me how to use it.

However, as the research on more and more currencies, it is found that there are actually many exchanges in the world, and the nature of each exchange is different, of course, there are large and small. In addition, the financial services provided are different and have different attributes.

Currently (2022) the largest exchange in the world is Binance. Some of the more well-known ones are digital exchanges such as Coinbase, FTX, and Crypto.com. There is a 24-hour transaction, and you can convert the cryptocurrency in your hand into a different cryptocurrency or sell it at any time.

MEXC Matcha Exchange, I will notice this exchange because when I research projects (currency), I sometimes see him appearing, because big exchanges may not be able to go up every project (currency). There are certain thresholds and certain norms (?) So sometimes I will see this exchange appear in his trading project for a project (currency) that few people have heard of.

Because it is a relatively small exchange, under the consideration of risks, there was no special idea at that time.

Later, I did my homework and found that MEXC should be considered a relatively second-rate small exchange, but the risk level is not as great as that of smaller exchanges. In addition, there is actually a special place that he often mines some good projects (currency). For example, the Shiba Inu coin that shined last year was listed first on MEXC and then on Binance.

It is the cradle of the project (?)

What's more special is that there is a benefit for members called "Sunshine". Pledge voting can be done through the platform currency MX currency in hand. If the project has more than 500%, it can be listed on MEXC. Then those who voted can participate in the division of the prize pool.

But after coming down a few times, there are some small things to share here. One is the ratio of MX, at least a small amount is required, so that the obtained tokens will not be unreplaceable. Although it is not difficult to "obtain" project tokens, whether it can exceed the costs such as handling fees should be a problem that needs to be paid attention to. (I only hold a small amount of MX as transaction fees, and occasionally participate in voting)

Because the minimum transaction amount for MEXC should be 5 USDT. This is a reference for friends who want to participate in the sunshine.

However, the real reason for trading on MEXC is that HUAHUA just happened to be launched on MEXC, so I also participated in the project voting before the launch and got a small amount of $HUAHUA, but in terms of the cost of converting the OSMO ecosystem back to the wallet, the handling fee of MEXC is really high. is quite low, so most of the time, I will go here to trade $ HUAHUA or other currencies.

A registration invitation link is placed here. If you want to register for the MEXC exchange, you are also welcome to use mylink or invitation code: 1Lgkc

You can get a reward for handling fees, but I haven't received it in particular, so I'm not sure about the actual reward algorithm.